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Regulatory Accountability Act: Enhanced Transparency and Oversight of Regulations

This Act introduces new rules for government agencies in creating and evaluating regulations, defining categories for "major rules" and "high-impact rules." It aims to increase transparency, citizen involvement, and ensure regulations are justified by cost-benefit analysis. The Act also modifies the scope of judicial review regarding agency actions.
Key points
Increased Transparency: Agencies must publish detailed notices of proposed rulemaking, including cost-benefit analyses, and make scientific and technical data available in a public docket.
Greater Citizen Involvement: Extended comment periods of at least 90 days for major and high-impact rules, and the ability to petition for public hearings specifically for high-impact rules.
Assessment and Frameworks: Agencies must establish frameworks to assess the effectiveness of major and high-impact rules and conduct periodic reviews (at least every 10 years) to verify if objectives are met.
Economic Definitions: The Act defines a "major rule" as having an annual economic effect of $100 million and a "high-impact rule" as $500 million, imposing stricter procedural requirements on them.
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Additional Information
Print number: 117_HR_8796
Sponsor: Rep. Van Duyne, Beth [R-TX-24]
Process start date: 2022-09-09